This has retraced nicely to the point I marked out in my previous analysis for the pair. This is a good shorting entry to the target of 1.22500 with SL just above the resistance level. MACD is still below 0 so that signifies this is still bearish and EMA's are very close to crossing but I expect this to drop from here.
This has broken below a support, it now offers a chance to short this further but we need to see a retrace first for an opportunity to enter the trade. A retrace to at least 0.382 Fibonacci is required, then if and when it rebounds the short can be entered with a target of 1.22500 with SL just above the support level.
Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CAD: Daytrade-Preparation Market-Sell: 1,25815 Stop-Loss: 1,26315 Point of Risk-Reduction: 1,25340 Take-Profit: 1,24625 Stop-Loss: 50 pips Risk: 0,5% - 1% Risk-Reward: 2,40 LEAVE A...
Hello Traders, here is the full analysis for this pair. Watch strong price action at the current levels for BUY GOOD LUCK! Great BUY opportunity in USDCAD.. I still did my best and this is the most likely count for me at the moment .. Support the idea with like and follow my profile TO SEE MORE Traders, if you liked this idea or if you have your own opinion about...
Just Adding Sells (See Previous Post On USDCAD) ::: Looking For a Sell Position USDCAD . Banking on Bearish Trend To Continue Till 1.2543 Levels Fibs For TP 1$2
Hey tradomaniacs, welcome to another free trading-setup! Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CAD: Daytrade-Preparation Market-Sell: 1,26830 Stop-Loss: 1,27200 Point of Risk-Reduction: 1,26600 Take-Profit: 1,26100 Stop-Loss: 37 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE A...
I'm finding signs of exhaustion after this mini pump in USDCAD. based on trend line, candlestick confirmation, I'm shorting.
Please view the chart for my full analysis on this pair.
Looking For a Sell Position USDCAD . Banking on Bearish Trend To Continue Till 1.2606 levels Fibs For TP 1$2
USDCAD 4HR : After crossing the triangle pattern price moving towards 1.26500..Since this fresh 4HR support Zone and also Fresh Weekly Support Zone.. Price Tends to Move up..Wait For Confirmation And then GO LONG..
Hey tradomaniacs, welcome to another free trading-setup. USD/CAD: Daytrade-Execution Market-Sell-Order: 1,27500 Stop-Loss: 1,27960 Point of Risk-Reduction: 1,27160 Take-Profit: 1,26400 Stop-Loss: 44 pips Risk: 0,5% - 1% Risk-Reward: 2,50 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t...
1. Break and retest of trendline 2. daily bearish engulfing closed past previous support 3. waiting for a pullback onto 38.2 or 50% of bearish engulfing candle 4. waiting for price pattern confirmation(double top) for entry possibility
We are caught in an ugly range on this pair, we are currently trading at a key supportive region which is most likely going to be stop hunted. I would like to see a push below support into the liquidity pool marked before rejections to the upside. We need to monitor the DXY constantly to see whether or not this move will be valid next week.
Our updated USDCAD chart: price in a wedge, volatility will arise in the next 2-3 working days. The range is 1,283 for Long set-ups and 1,27 for Shorts. Most likely a drop. ps. both Canada and the US had bad data. Oil prices high helps the Cad against the USD
Hey tradomaniacs, welcome to another free trading-setup. USD/CAD: Daytrade-Execution Market-Sell: 1,28000 Stop-Loss: 1,28490 Point of Risk-Reduction: 1,27630 Take-Profit: 1,26980 Stop-Loss: 49 pips Risk: 0,5% - 1% Risk-Reward: 2,10 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t...